NOT LISTED FOR SALE

550 W Virginia Ave Phoenix, AZ 85003

Willo Neighborhood

Estimated Value: $779,000 - $1,002,000

4 Beds
3 Baths
2,022 Sq Ft
$425/Sq Ft Est. Value

Sale Details

Date Sold: June 8, 2022

Last sale price $885,000 $438 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,881 / mo

34 Days on Market

Highlights

  • Guest House
  • 0.19 Acre Lot
  • Corner Lot
  • Phoenix Coding Academy Rated A
  • Two Primary Bathrooms
  • Breakfast Room

About This Home

As of June 2022

Welcome to the heart of Midtown Phoenix- Willo is one of the most desirable historical neighborhoods in the city. This brick, 1941 built home has been completely updated while still leaving the original characteristics that give the home it's historical charm. Inside the main house you'll find a gourmet kitchen with stunning gas range, apron sink, Italian marble backsplash, exposed brick, wine fridge and two-tone cabinetry. New flooring throughout. Walk in closets and ample windows to let natural light in every room. Outside you'll find new herringbone brick walkways and large covered patio for outdoor dining and entertaining. Detached casita offers a full 1bd/1ba kitchen, shower with designer tile, tons of storage, and W/D hookup. RV GATE & PARKING.

Last Agent to Sell the Property

Barbara Hopkins

Coldwell Banker Realty License #SA673587000 Listed on: 02/17/2022

Last Buyer's Agent

Cynthia Hancock

Fathom Realty Elite License #SA016977000

Fathom Realty Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,699

Year Built

  • Built in 1941

Lot Details

  • 8,490 Sq Ft Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Grass Covered Lot

Parking

  • 6 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Breakfast Room
  • Stacked Washer and Dryer

Kitchen

  • Kitchen Updated in 2022
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Gas Stub for Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Floors Updated in 2022
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathroom Updated in 2022
  • Two Primary Bathrooms
  • 3 Bathrooms
  • Double Vanity

Schools

  • Kenilworth Elementary School
  • Phoenix Prep Academy Middle School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Plumbing System Updated in 2022
  • Wiring Updated in 2022
  • Gas Water Heater

Additional Features

  • North or South Exposure
  • Patio
  • Guest House

Community Details

  • Property has a Home Owners Association
  • Association fees include no fees
  • Loma Vista Subdivision

Listing and Financial Details

  • Legal Lot and Block 22 / 2
  • Assessor Parcel Number 118-42-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,699

Year Built

Built in 1941

Lot Details

8,490 Sq Ft Lot

Listing Details

  • Cross Street: Encanto/7th Ave
  • Property Type: Residential
  • Ownership: Fee Simple
  • Recreation Center Fee: N
  • Updated Partial or Full Bathrooms: Full
  • Bathrooms Year Updated: 2022
  • Updated Floors: Full
  • Items Updated Floor Yr Updated: 2022
  • Updated Heating or Cooling Units: Full
  • Items Updated Ht Cool Yr Updated: 2017
  • Updated Kitchen: Full
  • Items Updated Kitchen Yr Updated: 2022
  • Updated Plumbing: Partial
  • Items Updated Plmbg Yr Updated: 2022
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2017
  • Updated Wiring: Full
  • Items Updated Wiring Yr Updated: 2022
  • Separate Den Office Sep Den Office: N
  • Year Built: 1941
  • Tax Year: 2021
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.19
  • Subdivision Name: LOMA VISTA
  • Architectural Style: Ranch
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 437.68
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Plumbing:Plumbing: Electric Hot Wtr Htr, Gas Hot Water Heater
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Dishwasher, Disposal, Refrigerator, Gas Stub for Range, Microwave, Gas Oven, Gas Range, Washer, Dryer, Stacked Washer/Dryer
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: 3/4 Bath Master Bdrm, Double Vanity, 2 Master Baths, Eat-in Kitchen
  • Living Area: 2022.0
  • Stories: 1
  • Additional Bedroom:Additional Bedroom: Other Bedroom Split, Separate Bedroom Exit, Master Bedroom Walk-in Closet, Other Bedroom Walk-in Closet
  • Dining Area:Dining Area: Eat-in Kitchen, Breakfast Room
  • Kitchen Features:Kitchen Features: Dishwasher, Disposal, Refrigerator, Gas Stub for Range, Built-in Microwave, Gas Oven, Gas Range
  • Laundry:Laundry: Washer Included, Dryer Included, Stacked Washer/Dryer
  • Master Bathroom:Master Bathroom: 3/4 Bath Master Bdrm, Double Vanity, 2 Master Baths
  • Master Bedroom:Master Bedroom: Split

Exterior Features

  • Fencing: Wrought Iron, Block
  • Lot Features: Corner Lot, North/South Exposure, Sprinklers In Front, Sprinklers In Rear, Grass Front, Grass Back
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Brick, Painted
  • Other Structures: Guest House
  • Patio And Porch Features: Patio
  • Roof: Composition
  • General Property Description:Community Pool YN2: No
  • General Property Description:Private Pool YN2: No

Garage/Parking

  • Parking Features: RV Access/Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public
  • Utilities:Utilities: APS, SW Gas

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Name: n/a
  • Phone: 0
  • Association: Yes

Association/Amenities

  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: %

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: Kenilworth Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Phoenix Prep Academy

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8490.0
  • Parcel #: 118-42-042

Building Info

  • Builder Name: unknown

Tax Info

  • Tax Annual Amount: 1699.0
  • Tax Block: 2
  • Tax Lot: 22

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2022
Sold by
Bought by
Current Estimated Value
$860,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
0.0563%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 26, 2021
Sold by
Bought by
Seller's Agent
Slater Higgins
Unique Real Estate
Buyer's Agent
Justin Andrews
My Home Group Real Estate
List Price
$465,000
Sold Price
$427,000
Premium/Discount to List
-$38,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.74%
Original Mortgage
$462,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 25, 2021
Sold by
Bought by
Seller's Agent
Slater Higgins
Unique Real Estate
Buyer's Agent
Justin Andrews
My Home Group Real Estate
List Price
$465,000
Sold Price
$427,000
Premium/Discount to List
-$38,000
-8.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
0.027%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2019
Sold by
Bought by

Purchase Details

Closed on
Oct 28, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2004
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$855,000 First American Title
$424,900 Tiago National Title Llc
$427,000 Tiago National Title Llc
-- Chicago Title Agency Inc
-- None Available
-- North American Title Co
-- --
-- Stewart Title & Trust
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $855,000
Previous Owner $462,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2022 06/08/22 Sold $885,000 +4.2% $438 / Sq Ft
06/04/2022 06/04/22 For Sale $849,000 0.0% $420 / Sq Ft
06/04/2022 06/04/22 Price Changed $849,000 0.0% $420 / Sq Ft
05/31/2022 05/31/22 For Sale $849,000 0.0% $420 / Sq Ft
05/31/2022 05/31/22 Price Changed $849,000 0.0% $420 / Sq Ft
03/03/2022 03/03/22 For Sale $849,000 -4.1% $420 / Sq Ft
03/02/2022 03/02/22 Off Market $885,000 -- --
02/15/2022 02/15/22 For Sale $849,000 +98.8% $420 / Sq Ft
02/25/2021 02/25/21 Sold $427,000 -8.2% $281 / Sq Ft View Prior Sale
02/10/2021 02/10/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $465,000 +8.9% $306 / Sq Ft
02/04/2021 02/04/21 Off Market $427,000 -- --
01/21/2021 01/21/21 For Sale $465,000 -- $306 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,904 $13,405
2024 $1,775 $12,767
2023 $1,775 $24,910 $4,980 $19,930
2022 $1,712 $17,660 $3,530 $14,130
2021 $1,699 $17,110 $3,420 $13,690
2020 $1,719 $16,135 $3,225 $12,910
2019 $1,716 $14,700 $2,940 $11,760
2018 $1,687 $14,275 $2,855 $11,420
2017 $1,648 $13,355 $2,670 $10,685
2016 $1,600 $12,865 $2,570 $10,295
2015 $1,481 $10,530 $2,105 $8,425
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6355995

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-42-042

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